More from my time at CD Warehouse:
The next company policy was the “Hot Chick Discount”. When a good looking lady wandered into the store we found it necessary to insure that there would be a return visit. Hence there was a special discount. As long as we were still making money on the transaction we could discount away. Since the CD’s were used, and only cost us three or four dollars these ladies were getting a sweet deal. Now John demonstrated what not to do one day when his true love came into the store. Her name was Skylie and he was smitten. He gave her about sixty dollars in CD’s and only charged her two dollars. Then he didn’t even cash the check she wrote because it smelled like her. He was in love. She could bash his face in with a 2X4 and he would just be concerned that she might get slivers.
Another policy that my friend, Rob, and I came up with was the concept of $0. When people would bring in a big stack of CD’s to sell us we would tally up what we would pay and tell them the total. What we didn’t tell them is that we were taking some of the CD’s for free. Many of these CD’s ended up in the “Crap Bin” and then made it over to Hastings. If people ever wanted to know the price per CD we would act like we made a mistake and then actually pay them for the $0 CD’s. Most people didn’t care and didn’t want an itemized receipt so we drastically reduced what our inventory cost.